Short Interest in Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) Drops By 59.0%

Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) saw a large drop in short interest in March. As of March 15th, there was short interest totalling 1,600 shares, a drop of 59.0% from the February 29th total of 3,900 shares. Based on an average daily trading volume, of 36,000 shares, the short-interest ratio is presently 0.0 days.

Invesco DWA Emerging Markets Momentum ETF Trading Up 0.1 %

Shares of PIE traded up $0.02 during mid-day trading on Thursday, reaching $20.83. The company’s stock had a trading volume of 7,943 shares, compared to its average volume of 36,671. Invesco DWA Emerging Markets Momentum ETF has a 52 week low of $17.35 and a 52 week high of $20.90. The stock has a market cap of $130.19 million, a PE ratio of 10.29 and a beta of 0.79. The company’s fifty day moving average price is $20.18 and its two-hundred day moving average price is $19.26.

Invesco DWA Emerging Markets Momentum ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were paid a $0.0268 dividend. The ex-dividend date of this dividend was Monday, March 18th. This represents a $0.11 dividend on an annualized basis and a yield of 0.51%.

Institutional Investors Weigh In On Invesco DWA Emerging Markets Momentum ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cetera Advisor Networks LLC raised its holdings in shares of Invesco DWA Emerging Markets Momentum ETF by 14.4% during the first quarter. Cetera Advisor Networks LLC now owns 12,256 shares of the company’s stock valued at $286,000 after acquiring an additional 1,546 shares in the last quarter. International Assets Investment Management LLC purchased a new position in Invesco DWA Emerging Markets Momentum ETF during the 1st quarter valued at $4,513,000. Centaurus Financial Inc. raised its holdings in Invesco DWA Emerging Markets Momentum ETF by 463.3% in the 1st quarter. Centaurus Financial Inc. now owns 49,490 shares of the company’s stock worth $1,156,000 after purchasing an additional 40,704 shares in the last quarter. UBS Group AG lifted its position in shares of Invesco DWA Emerging Markets Momentum ETF by 1.9% in the 1st quarter. UBS Group AG now owns 346,741 shares of the company’s stock worth $8,100,000 after purchasing an additional 6,616 shares during the period. Finally, Jane Street Group LLC bought a new stake in shares of Invesco DWA Emerging Markets Momentum ETF during the 1st quarter valued at about $1,446,000.

About Invesco DWA Emerging Markets Momentum ETF

PowerShares DWA Emerging Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Emerging Markets Technical Leaders Index (the Index). The Fund normally invest at least 80% of its total assets in securities of emerging economies within Dorsey Wright & Associates’ classification definition, excluding companies listed on a U.S.